demonetisation in India

6 years of demonetisation: Digital payments boom after demonetisation

The biggest decision related to the Indian economy was taken 6 years ago. Prime Minister Narendra Modi gave an address to the nation on 8 November 2022 at 9 pm, under which the old notes of 500-1000 rupees were announced to be discontinued.

Nov 08, 2022, 12:16 PM IST

DNA: What changed in 6 years of demonetisation?

Tomorrow will complete 6 years since the decision of demonetisation came into force on 8th November 2016. When demonetisation was implemented, this decision was repeatedly questioned, it was made a narrative that it would ruin the country's economy, we would go back many decades but nothing like this happened. Demonetisation has given a new direction to the country's economy and to understand this one must watch this DNA report.

Nov 08, 2022, 00:08 AM IST

Demonetisation: New Rs 500 notes with faulty printing valid, says RBI

The RBI has said these are valid and can be used.

Nov 25, 2016, 18:46 PM IST

Nepal reduces INR exchange limits, awaits response from India's RBI

The Nepal Rastra Bank (NRB) has reduced the exchange limit of Indian to Rs 2000 from Rs 5000 after India introduced new bank notes of Rs 500 and Rs 2000.

Nov 25, 2016, 15:51 PM IST

Rupee recovers from all-time low, regains 9 paise to 68.64 vs USD

The rupee on Friday recovered from its 39-month closing low by rising 9 paise to 68.64 against the dollar in early trade at the Interbank Foreign Exchange market on fresh selling of the US currency by banks and exporters.

Nov 25, 2016, 10:13 AM IST

Demonetisation debate: Jaitley slams Opposition, says govt ready for unconditional debate

Rajya Sabha on Thursday resumed debate over demonetisation in presence of Prime Minister Narendra Modi.

Nov 24, 2016, 15:09 PM IST

Demonetisation Impact: Rupee plunges to new record low of 68.86 vs USD

Rupee's unabated free-fall continued for the fifth straight day Thursday as it weakened by another 30 paise to hit over 3-year low of 68.86 against the dollar in afternoon trade amid foreign fund outflows and the greenback's surge in overseas markets.

Nov 24, 2016, 09:59 AM IST

Demonetisation: No charge on use of debit cards; farmers to get easier cash access

The government announced more steps to help farmers to meet their cash needs during the ongoing rabi season and directed banks to waive debit card transaction charges to encourage digital payment.

Nov 23, 2016, 18:49 PM IST

Demonetisation: Know where you can use old Rs 500 and Rs 1,000 notes till Nov 24

Know where you can use old Rs 500 and Rs 1,000 currency notes till Nov 24.

Nov 22, 2016, 15:12 PM IST

Cash withdrawal for purpose of wedding: Key things you must know

The amounts can be withdrawn only if the date of marriage is on or before December 30, 2016.

Nov 22, 2016, 11:58 AM IST

Demonetisation: 10% of the value of banned Rs 500 and Rs 1,000 notes replaced so far

Some 10 percent of the Rs 14,50,000 crore worth of now-demonetised Rs 500 and Rs 1,000 currency notes that were in circulation have been exchanged or withdrawn with banks till November 18, the Reserve Bank of India (RBI) said on Monday.

Nov 22, 2016, 09:42 AM IST

Demonetisation: Cash purge gives welcome boost to Indian banks

India's demonetisation drive is likely to cause short-term pain for the economy, but banks are expected to benefit from the move in the long run.

Nov 21, 2016, 09:44 AM IST

India not the first country to implement demonetisation! These nations did it first

On November 8 this year, more than a billion Indians were surprised to know about Prime Minister Narendra Modi’s demonetization masterstroke. The decision is now being praised by the top-notch personalities from all walks of life.

Nov 19, 2016, 03:37 AM IST

Demonetisation: SC to hear plea of Centre against proceedings in other courts

 The Centre on Thursday moved the Supreme Court seeking a stay of proceedings in various high courts and other courts against its demonetisation decision.

Nov 17, 2016, 10:59 AM IST